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20121205
20121213
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KPIX (CBS) 2
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FOX
Dec 12, 2012 7:00am PST
analysts jamie dupree will tell us about the two words we are not hearing in the fiscal cliff negotiations. >>> 7:36. software company founder john mcafee could soon return to the united states. his attorney says a guatemala judge has ruled that mcafee adetention in that country is illegal and he could be released as soon as today. mcafee was detained in guatemala last week after entering the country illegally to avoid police in belize who wanted to question mack afy about the fatal shooting of his neighbor. mca -- mcafee has said he wishes to return to the u.s. so he can live in peace. >>> continuing coverage on the shooting in portland, oregon. here's more. >> reporter: good morning, tori. the mall here is closed at this point while police continue their investigation and what motivated this young man to come in yesterday in a crowded mall, people were christmas shopping. we have video -- video. we can show you aerial as police converged on this location. witnesses describe him wearing a hockey style mask, dark cam mow, body armor as -- dark camo, body armor. witnesses say he walked into
CBS
Dec 11, 2012 5:00am PST
of union workers in the country. >>> silence on both sides of the "fiscal cliff" negotiations could actually be a good sign that the negotiations are progressing. the house speaker john boehner, the president are the only parties negotiating right now. and no details have been released. today congressional democrats will hold a press conference to urge republicans to preserve medicaid funding in the final deal. republicans say cutting entitlements is necessary to curb the it uncountry's deficit. >>> northbound police are trying to figure out the motor -- new york police are trying to figure out the motive of a 2 p.m. afternoon murder yesterday. a 31-year-old man from los angeles was shot in the back of the head near central park. police say the gunman jumped into a waiting car and took off. >>> smoking marriage is now officially legal in colorado. -- smoking marijuana is officially legal in colorado. the governor declared the voter- approved amendment is now part of the state constitution. it allows anyone over 21 to possess up to an ounce of marijuana for recreational use or six pl
CBS
Dec 11, 2012 6:00am PST
wall street's worries about the "fiscal cliff" negotiations. the dow added 15 points while the nasdaq gained 9. with just three weeks left before higher taxes and deep cuts kick in negotiations are under way but it's not known what if any progress is being made. speak in michigan yesterday the president said he is willing to compromise a little. republicans have adamantly opposed raising taxes but now some are considering it if democrats will agree to social security and medicare changes. this week, the federal reserve is expected to announce a new bond buying program aimed at lower interest rates. if it works it might soften the blow if the nation does go over the "fiscal cliff" but fed chair ben bernanke says if a budget deal isn't reached, there is little the central bank can do to offset the shock of those spending increases and tax cuts. and holiday shopping is leading to more work. leading jobs placement firm says retailers added more than 465,000 seasonal workers last month. that's up 21% from a year ago. that's your moneywatch. for more, stay with cbsmoneywatch.com. in new yor
KRON
Dec 11, 2012 7:00am PST
for you live. >> watching what's happening in washington today with the fiscal cliff. another round of negotiation between the white house and speaker john baker. aside is willing to bend. the president insisting that expiring tax cuts be renewed for everyone except for the wealthiest americans. republicans insist on deeper cuts in entitlement programs like medicare. neither side is given any specifics on what they're planning to cut. a likely compromise would include tax increases on the top tax bracket from 35 to 37 percent, not the 39% the president is asking. significant cuts to medicare to go into effect. the debt ceiling is also looming in these talks. the treasury say the u.s. is likely hit its 16.4 trillion dollar debt limit by the end of this year. the treasury could use creative measures that would stave off in the u.s. debt default until mid february. as far as where we are with these talks right now watching 10? we are basically nowhere. and is looking more likely that we will go off the fiscal cliff at the end of the year. 706 a m right now and we'll be back with more i
Search Results 0 to 3 of about 4